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World Markets

New York: Not as Unaffordable as We Think

Toni Haber | Posted 02.05.2015 | New York
Toni Haber

According to the latest Demographia International Affordability Housing survey, which ranks the affordability of cities across the globe with major markets of populations over 1 million, New York does not place in the top ten most unaffordable cities in the world.

GOP Financial Terrorism Must End, Shutdown Must End, Social Security and Medicare Must NOT Be Cut

Brent Budowsky | Posted 12.10.2013 | Politics
Brent Budowsky

The latest offer from those I have called Banana Republicans would keep the government shut down and threaten again to default the nation and crash wo...

Is Another Emerging Market Crisis Brewing?

Nick Beecroft | Posted 10.22.2013 | Business
Nick Beecroft

Should we worry about potential contagion to weak eurozone peripheral countries? I don't think so, as the current account balances of Greece, Italy, Portugal, and Spain have all virtually improved to zero, compared to India's 4.8 percent deficit.

U.S.-EU Trade Negotiations Are a Rare Opportunity for the U.S. to Rein in the EU's Regulatory Reach

Anu Bradford | Posted 08.18.2013 | World
Anu Bradford

Smaller U.S. firms competing locally also enjoy an edge over domestic, export-oriented competitors who are forced to bear the costs of producing to higher EU standards. But why would the EU agree to give up its unilateral ability to set global standards in any trade negotiation?

The Stock Market Is Pretty Happy About That Spain Bailout

AP | SARAH DiLORENZO | Posted 08.11.2012 | Business

BRUSSELS (AP) — A global market rally over a promised European bailout of Spanish banks faded on Monday, as investors worried the country might have...

World Stocks Drop As Worries Over Greece Intensify

AP | PAMELA SAMPSON | Posted 07.14.2012 | Business

BANGKOK — Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly a...

World Stocks Jolted By North Korean Dictator's Death

AP | KELVIN CHAN | Posted 02.18.2012 | Business

HONG KONG — Asian stocks bounced back Tuesday as fears receded of political turmoil in the region following news of North Korean leader Kim Jong...

Mubarak Resignation Cheered By World Markets

AP | CARLO PIOVANO | Posted 05.25.2011 | Business

LONDON — Egyptian President Hosni Mubarak's decision to hand power to the military boosted stocks around the world on Friday as hopes grew for a...

Simon Johnson: Geithner Not Paying Enough Attention To World Economy

Baseline Scenario | Peter Boone and Simon Johnson | Posted 05.25.2011 | Business

In an interview that will air Sunday on ABC, Treasury Secretary Tim Geithner says, ""We have much, much lower risk of [a double-dip recession] today t...

Dubai Request For Debt 'Standstill' Shakes World Markets

AP | BARBARA SURK | Posted 05.25.2011 | Business

DUBAI, United Arab Emirates — Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that i...

Stocks up on Bernanke remarks; focus now on Obama

AP | MADLEN READ and TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Federal Reserve Chairman Ben Bernanke gave Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. Bernank...

Recession Fears Cause Stocks, Oil And Gold To Tank

AP | ELLEN SIMON | Posted 05.25.2011 | Business

NEW YORK — If ever a 300-point loss on Wall Street could be a good thing, it was Friday. Wall Street started the day with a nervous eye on how f...

World Stocks Rally As Europe Follows Asia's Lead

AP | JEREMIAH MARQUEZ | Posted 05.25.2011 | Business

HONG KONG — Japan's stock market soared in early trading Tuesday, leading a second-day rally in Asian stocks after Wall Street staged a dramatic...

World Markets Plunge On Crisis Fears

AP | EMILY FLYNN VENCAT | Posted 05.25.2011 | Business

LONDON — Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the g...

World Markets Tumble on Wall Street Drop

AP | TOBY ANDERSON | Posted 05.25.2011 | Business

LONDON — European and Asian stock markets tumbled Monday as investors reacted nervously to a steep decline on Wall Street Friday after disappoin...

Gloom Envelopes World's Markets

Financial Times | Saskia Scholtes, Michael Mackenzie | Posted 05.25.2011 | Business

Stock markets on both sides of the Atlantic concluded their worst week in months on Friday as deepening economic gloom prompted investors to ratchet u...